Skip to content

News   /   Uncategorized

Amazon’s secret robot is coming…

Amazon’s secret robot is coming…
August 21, 2023

Amazon is gearing up to launch its next big technology product – code name: Vesta. Vesta is a robot that Amazon has developed in secrecy for nearly four years now. It’s the tech giant’s next smart home product.  You’ve seen my video on the Amazon Fulfillment Center Robots ( March 31, 2021), you knew that that technology would make it to your home.  Thus you know that a home robot will not be a big jump for Amazon. 

You should also keep in mind that Amazon has had remarkable success with its product launches. The Echo, the Kindle, and the Fire TV/tablets have each seen strong consumer adoption. And get this – Amazon put more than 800 employees to work on Vesta. We don’t have an official timeline on the robot’s launch yet. But we do know that it is in the late prototype stage.  

Amazon has kept the details of its new home robot under wraps. But we do know that the robot is expected to be about a foot wide. It will also be equipped with a screen, a microphone that allows it to respond to voice commands, and several cameras for recording video that allow it to “see” its way around. The robot will also be able to navigate autonomously in the home and take readings for things like room temperature.

 What we are talking about here is the next generation of home robotics. Up to this point, mainstream home robots have just vacuumed the floor. Vesta will change that.  Equipped with Amazon’s artificial intelligence (AI)-enabled assistant Alexa, Vesta will be able to fetch a glass of water for anyone in the house. It will help us find a lost item such as misplaced car keys. A parent can even ask Vesta to go chase down the kids and tell them it’s time for dinner.

What’s more, Vesta will be integrated with other Amazon devices such as the Echo home speaker and Ring security devices. This will extend Amazon’s services throughout the home, helping to make Amazon an even more important feature in our everyday lives. 

Given that Amazon defined the smartphone speaker market with its Amazon Echo – it still has about 70% market share – I see Vesta as a natural extension of its AI-powered smart home.  When thinking of home robotics, iRobot is the big player in the space. iRobot makes the popular Roomba robotic vacuums. Well, iRobot has done over $1 billion in sales for the last three years now. And all a Roomba does is vacuum the floor. 

 So I think Vesta will quickly become a multibillion-dollar business for Amazon. And I’d be willing to bet that Amazon will price Vesta at about half of what it costs to purchase an iRobot. This will position it well for more of a mass market product. I’m excited to try this product out myself.

Share this article:

More in Uncategorized:

Best of US Investors

Platinum Channel Swing Trading has EPIC Year in 2023

Experience remarkable trading success with the Platinum Channel! In 2023, our Swing Trading Program showcased an outstanding performance. With a...

Mark Willet in front of stock market with bull background

Mark Willet
January 7, 2024

‘I’ll Just Ride it Out’

Buy and holders justify losing money

Buy and holders justify losing money Yesterday I was in Birmingham visiting family and decided to go for a mountain...

Trent Grinkmeyer in front of stock market with bull background

Trent Grinkmeyer
October 26, 2023

Markets Becoming Predictable?

How Market Markers Hedge

How Market Markers Hedge From my point of view, it is. Much of the market's predictability is due to the...

Trent Grinkmeyer in front of stock market with bull background

Trent Grinkmeyer
October 24, 2023

Field Curve is Flattening | Recession Ahead?

This was meant to go out on Monday

This was meant to go out on Monday The yield curve has been much ignored here recently after its sizable...

Trent Grinkmeyer in front of stock market with bull background

Trent Grinkmeyer
October 24, 2023

Best of US Investors

Best of US Investors Website | Discord Update


Amazon’s secret robot is coming…
October 15, 2023

Best of US Investors

Best of Us Discord update


Amazon’s secret robot is coming…
October 14, 2023

Register for the Best of US Investors Newsletter

Get daily financial news delivered to your inbox. Join today.

©2024 Best of US Investors. All rights reserved.

Site by KMA

Disclaimer

This Best of US Investors website is not and should not be considered investment advice. This Best of US Investors website is for informational purposes only. Nothing on this Best of US Investors website constitutes a recommendation to buy, sell or hold any security at any time. Always consult with a financial professional that is familiar with your specific situation before making any investment or trade.

Use of this Best of US Investors website is at your own risk. Best of US Investors makes no warranties about the accuracy, completeness or reliability of any content on this Best of US Investors website.

All the information on this Best of US Investors website is provided “AS IS”. Do not rely on any statements made on this Best of US Investors website.

In no event shall Best of US Investors be responsible or liable for any damage that occurs while using or reading any content on this Best of US Investors website.

Best of US Investors may have a position (long, short or neutral) in any security mentioned on this Best of US Investors website and therefore may realize significant gains in the event that the price of the security mentioned on this Best of US Investors website declines or appreciates.

Best of US Investors may buy and/or sell any security mentioned on this Twitter account at any time and for any reason. I may trade contrary or different to the information provided on this Best of US Investors website. You should assume that any email or post on this Best of US Investors website may cause the price of the security mentioned to appreciate or decline in a dramatic way.

Best of US Investors may continue to transact in any security mentioned on this Best of US Investors website an indefinite period of time after any email or post and such positions may be long, short or neutral at any time hereafter regardless of the initial view or positions stated on this Best of US Investors website.

In no event shall Best of US Investors be liable for any claims, losses, costs or damages of any kind including direct, indirect, punitive, exemplary, incidental, special or consequential damages, arising out of or in any way connected with any information presented on this Best of US Investors website. This limitation of liability applies regardless of any negligence or gross negligence of Best of US Investors or any company affiliated with Best of US Investors. You accept all risks in relying on the information presented on this Best of US Investors website.

If any statement in this legal disclaimer is held to be invalid or unenforceable, then the remaining provisions shall continue in full force and effect.

For more information, contact [email protected] .